A record amount of more than GBP2 1/4 million sterling changed hands at a jewellery auction held in Geneva on Wednesday (May 9) by Christie's the London-based art-auctioneers.
SV Buyers looking at jewel PAN TO Jewel
CU Jewel No. 536
CU Jewel No. 371
CU Jewel No. 526
CU Jewel No. 507
CU Jewel No. 515
SCU Buyers looking at Jewel (4 shots)
CU ZOOM OUT. Jewel No. 536 being auctioned in auction room & buyers seated in auction room looking at betting (4 shots)
Initials ESP/2246 ESP/2302
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Background: A record amount of more than GBP2 1/4 million sterling changed hands at a jewellery auction held in Geneva on Wednesday (May 9) by Christie's the London-based art-auctioneers. The previous record had been set by their sale in Geneva in the autumn of 1972.
The sale lasted for nearly four hours. Among the pieces were an antique butterfly with diamond-studded wings, an emerald and diamond-studded ring from the collection of an Indian prince, and a necklace strung with rubies, sapphires, emerald and diamonds. The bidding for a pear-shaped diamond of nearly 42 carats reached over 2 million Swiss frances, (GBP250,000 stg.), but it wasn't high enough, and it didn't sell.
Many of the jewels came from the Soviet Union and private collections of Indian princes.
Most buyers were European, but there was some interest from the United States.